Phoenix American Hospitality Adds Doubletree by Hilton Charlotte Airport to Growing Portfolio

USA, Dallas, Texas. January 08, 2019

Phoenix American Hospitality has acquired a new hotel, the Doubletree by Hilton Hotel Charlotte Airport in Charlotte, North Carolina, and will take over management of the property on January 1, 2019. With the addition of this hotel, Phoenix American Hospitality now owns 16 hotels nationwide. All 16 hotels are managed by PAH Management.

Located just ten minutes away from Charlotte Douglas International Airport, the Doubletree by Hilton Hotel Charlotte Airport is conveniently located near popular North Carolina attractions, including Carowinds Amusement Park, South Park Mall and Bank of America Stadium.

In addition to the acquisition, PAH Management will begin a $1.5 million renovation of the guestrooms. The revitalization will include new guestroom casegoods with built-in refrigerators and microwaves, carpet and vinyl wall covering and replacement of all soft seating in the rooms.

The Doubletree by Hilton Charlotte Airport is located at 2600 Yorkmont Road, Charlotte, NC 28208. For more information, please click here.


About PAH Management

Media Contact:

Amy Wood
Account Coordinator
MCA Group
T: 214-654-0402
E: Amy@mcaprgroup.com
W: http://www.mcaprgroup.com

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Revenue Management: Focus On Profit

Revenue Management is still a relatively new profession within hotel operations and as such, it continues to evolve. One significant trend in this area is a shift away from using revenue as the foundation to generate key performance indicators (KPIs) and to instead place the emphasis on profit. Traditionally, revenue managers have relied on total revenue per available room (TrevPAR) and revenue per available room (RevPAR) as the basis of their KPIs. Now, some revenue managers are using gross operating profit per available room (GOPPAR) as their primary KPI. This puts profit at the center of revenue management strategy, and managers are increasingly searching for new ways to increase the profitability of their hotels. Return on Investment is the objective of any hotel investment, so it is only logical that profitability and ROI will be emphasized going forward. Another trend is an expanded focus on direct hotel bookings. Revenue managers know that one way to increase profitability is to steer guests away from online travel agencies (OTAs) and book directly with the hotel. This tactic also reinforces brand identity and loyalty, and encourages repeat business. In addition, it provides a valuable platform to market the hotel directly to the customer, and to upsell room upgrades or other services to them. Another trend for revenue managers involves automation in their software programs. Revenue management systems with automation are far more desirable than those without it. Automating data entry and logistics increases efficiency, allowing managers to spend more time on formulating strategy. As a bonus, an automated system helps with aggregating and interpreting data. The October issue of the Hotel Business Review will address these developments and document how some leading hotels are executing their revenue management strategies.